China is now forecasted to outpace US economy by 2028, 5 years earlier than previous forecasts, due to changes this past year.
China is now forecasted to outpace US economy by 2028, 5 years earlier than previous forecasts, due to changes this past year.
There is no such thing as independent western media.
Western media censors by omission. And when they report on China, they only report on news that casts China negatively, in order to make the western world appear morally superior.
If you would put the same trust in economic stats reported by China vs Western gov’ts...well.
Their neighbors (taiwan, japan, korea) were lifted out of poverty even sooner, so I'm not sure whether this is indicative of anything. Your whole analogy reminds me of the how in a bull market it's pretty easy for any trader to make money, even though they might perform worse than an index fund or a monkey and a dartboard.
In total size. China's GDP per person won't reach the US until 2060, at the earliest.
In my uneducated opinion, theres lots of factors. However, economy/wealth is by and far the largest one, because almost everything else seems to have a price tag.
China has 4x the population the US does. The US won the cold war because it had a larger economy, partly because it had a larger population. That's not how any future conflict is going to shake out
“In other predictions the post brexit UK economy will grow at %4/year”